China Evergrande Group (China Evergrande Group) Change In Receivables : $0 Mil (TTM As of Jun. 2023)

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What is China Evergrande Group Change In Receivables?

China Evergrande Group's change in receivables for the quarter that ended in Jun. 2023 was $0 Mil. It means China Evergrande Group's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

China Evergrande Group's change in receivables for the fiscal year that ended in Dec. 2022 was $-1,411 Mil. It means China Evergrande Group's Accounts Receivable increased by $1,411 Mil from Dec. 2021 to Dec. 2022 .

China Evergrande Group's Accounts Receivable for the quarter that ended in Jun. 2023 was $31,409 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. China Evergrande Group's Days Sales Outstanding for the six months ended in Jun. 2023 was 320.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Evergrande Group's liquidation value for the six months ended in Jun. 2023 was $-232,925 Mil.

China Evergrande Group Change In Receivables Historical Data

The historical data trend for China Evergrande Group's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Evergrande Group Change In Receivables Chart

China Evergrande Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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1,583.02

949.71

-3,260.14

4,678.85

-1,411.28

China Evergrande Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

China Evergrande Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

China Evergrande Group (OTCPK:EGRNF) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

China Evergrande Group's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	31408.663	/	17898.875	*	91
=	320.25

2. In Ben Graham's calculation of liquidation value, China Evergrande Group's accounts receivable are only considered to be worth 75% of book value:

China Evergrande Group's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1115.704	-	333482.28	+	0.75 * 31408.663	+	0.5 * 151769.766
=	-232,925

China Evergrande Group Change In Receivables Related Terms

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China Evergrande Group (China Evergrande Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Evergrande Group (OTCPK:EGRNF) » Definitions » Change In Receivables

Traded in Other Exchanges

03333:Hong Kong EV1:Germany

Address

Number. 78 Huangpu Avenue West, Tianhe District, Guangdong Province, Guangzhou, CHN, 510620

Website

https://www.evergrande.com

China Evergrande Group is a large real estate developer. In 2019, it was ranked in third place by sales value among developers in China. It has projects in more than 200 cities across China and property development accounts for 90% of earnings. The firm also has interests in banking, insurance, tourism, and healthcare. Evergrande was listed in Hong Kong in late 2009. The company is in the process of spinning off its real estate business into a Shenzhen-listed entity. Free float is 25%, with the company's founder Hui Ka Yan holding the remaining share.